October 15, 2012

GOLD AND SILVER INVESTORS, TAKE NOTICE: CORE PPI FALLS $GLD $SLV $GDX $SLW $ABX $NEM

This up-leg in gold and silver was first initiated by speculation about QE3, and then gathered steam after QE3 was announced. The announcement of the bond buying program from the European Central Bank (ECB) helped stoke the fires of the precious metal bulls.

Gold and silver investors should take notice of how the metals reacted to the announcement of Producer Price Index (PPI) data by the U.S. Bureau of Labor Statistics (BLS).

The BLS releases PPI separately for finished goods, intermediate goods and crude goods. For each processing stage, the BLS releases data for total PPI, foods PPI, energy PPI, and PPI except foods and energy.… Please click here or the title below to read more.

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CLWR NOT PART OF SPRINT DEAL $CLWR $S

This post was just published on ZYX Buy Change

CLWR is not part of the Sprint (S) deal with Softbank of Japan.

The rationale of Softbank investing in Sprint is that it will build more value added services.  To do so, it will require more spectrum.

Our thesis for holding CLWR is the large amount of spectrum that CLWR owns.  However at this time, for the short-term the risk has increased.  The stock can as easily go under $2 as it can go over $3.

What To Do Now?

For tracking purposes a 10% tranche is being exited in the pre-market right here around $2.69.  … Please click here or the title below to read more.

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